The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 0.789300000 will persist.
Caution: A possible counter-trend in the direction of the support level at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.809900000 |
| 2nd High | 0.789800000 |
| Next High | 0.789300000 |
| Current Price | 0.748100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.789300000 – 0.779200000 – 0.789800000 – 0.708500000 – 0.709900000 – 0.730100000 — 54.51664224395 – 58.841518241379
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –